Forex Trading Library

Dow Jones–18.08.2026

By Rami Abu-Draa On Aug 18, 2026

The Dow fell below the support of 53660, showing that more of a drop is likely.
As we see from the chart, the second support is around 52800. A bounce here would support the market for another rebound toward 53660.
Below 52800 more of a drop is likely.
Above 53740 more advance is expected.

	SUPPORT	RESISTANCE
LEVEL1	53335	53520
LEVEL2	52800	53740
LEVEL3	52400	54230

Rami Abu-Draa

Head of Technical Analysis at Orbex, Rami Abu Draa
holds a bachelor's degree in Banking, Finance and Economics. A professional trader and mentor with over 10 years of industry experience, Rami is passionate about sharing his knowledge with Orbex clients from basic to advanced concepts of Technical Analysis, Investment psychology and Investment/Trading methodologies. He is able to combine fundamental and technical principles to deliver a unique perspective on the markets that enables Orbex traders to identify high-probability trading opportunities.

Gold –18.08.2026